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Beyer Company ls considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The cash flows occur

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Beyer Company ls considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Net cash flows $60,000 $40,000 $70,000 $125,000 $35,000 $330,000 ences Compute the payback period for this investment.(Cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to 2 declmal place.) Cash Inflow ar (Outflow Cumulative Net Cash Inflow (Outflow) 0 S(180,000)

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